Help make Alexa smarter on Alexa Answers. Sign in with Amazon

Science

What's the difference between simple interest and compound interest?


Simple interest is a precalculated fixed rate. Compound interest is added based on an unpaid balance or investment. Changing as the amount get higher or lower

{{ relativeTimeResolver(1658707898736) }}

LIVE
points 1
Rating

Similar questions

Join Alexa Answers

Help make Alexa smarter and share your knowledge with the world

LEARN MORE